Aluma Systems and Aluma Enterprises restructure US$150 million of debt

On November 28, 2001, a further restructuring of over $150 million of indebtedness of Aluma Enterprises Inc., Aluma Systems Canada Inc. and affiliates was completed. These companies are partly owned by TDZ Holdings Inc., the successor to Tridel Enterprises Inc. ("Tridel"), and operate the construction technology business associated with Tridel. Fasken Martineau, acting for certain equipment financiers of Aluma Systems Canada Inc., was led by Richard Johnston, Doug Cannon and Aaron Atkinson.